About Us
    • 24x7 Personal Loan Notification
    • NEO RuPay Credit Card Notification

    • Axis Bank is now on WhatsApp !

      Send us a 'Hi' on 7036165000 for all your banking needs

      SIGN-UP

Industrial Equipment Loans

Increase your production and grow your business with collateral-free industrial equipment loans designed especially for MSME manufacturers of construction equipment. This product provides loans for business expansion and long-term funding against the industrial equipment purchased.

Features & Benefits

  • Loan amount can be availed for minimum ₹10 lakhs up to ₹5 crores
  • Loan can be availed for a minimum tenure of 12 months and maximum of up to 60 months
  • Funding provided against industrial equipment purchase
  • Collateral free up to ₹3.5 crores
  • Moratorium up to 6 months available
  • Loans for refurbished equipment and balance transfer is also available

Commercials

Loan processing chargesup to 1% + applicable taxes
Part pre-payment chargesNA
Foreclosure charges2.00% of principal outstanding
Penal interest2.00% p.a. additional on existing rate of interest
Repayment instruction/instrument return charges₹500/- per instance + applicable taxes

Eligibility & Documentation

Eligibility Documentation

Business vintage

  • Minimum 3 years in current profession

Age

  • Minimum 21 years at the time of loan application
  • Maximum 65 years at the end of loan tenure

Business income

  • Minimum business income of ₹3 lakhs

Residence / office stability

  • 24 months in the same location
  • Either office or residence should be owned. (If office is rented, the unexpired lease period should be for minimum 2 years, and waiver letter from landlord to be taken)
  • Any other property ownership (except land/under construction/part consideration) can also be considered but the property should be in the same city

Documents

  • KYC Documents
  • Duly filled in application form signed by the customer
  • Last 3 years ITR, P&L, Balance Sheet
  • Bank account statement of last 6 months
  • PAN Card/Form 60
  • Pro forma invoice/ Quotation of equipment or machinery being purchased

Frequently Asked Questions

We offer industrial equipment loans to individuals (SEP & SENP with business registration), proprietorship firms, partnership firms, LLP, and pvt. ltd. companies and unlisted public companies.

We offer competitive interest rates for our loan facilities. The interest for each loan is determined based on as-sessment of your business profile, past track record, financial records, loan amount required and tenure of loan.

Repayment shall be in monthly installments, including principal and interest.

The focus industries under this loan type includes machine tools, packaging, plastic and printing equipment.

The minimum business vintage under this loan type is 3 years.

Load More
DCGC

Copyright@ 2026 Axis Bank